Southern Latex Ltd

BSE
BUY

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Start SIP in Southern Latex Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
27.34% Fall from 52W High
11.1
TTM PE Ratio
High in industry
76.6
Price to Book Ratio
Above industry Median
2.8
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is negative
-1881.5
RSI
RSI oversold
28.2
MFI
MFI is mid-range
35.6

Southern Latex Ltd shareholding Pattern

Promoter
56%
Foreign Institutions
1.6%
Mutual Funds
2.3%
Domestic Institutions
2.3%
Public
40.2%
Promoter
56%
Foreign Institutions
1.6%
Mutual Funds
2.3%
Domestic Institutions
2.3%
Public
40.2%
Promoter
56%
Foreign Institutions
1.6%
Mutual Funds
2.3%
Domestic Institutions
2.3%
Public
40.1%
Promoter
56%
Foreign Institutions
1.6%
Mutual Funds
2.3%
Domestic Institutions
2.3%
Public
40.1%
Promoter
55.7%
Foreign Institutions
1.6%
Mutual Funds
2.3%
Domestic Institutions
2.3%
Public
40.4%
Promoter
55.7%
Foreign Institutions
1.6%
Mutual Funds
2.3%
Domestic Institutions
2.3%
Public
40.4%

Southern Latex Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
5
Bearish Moving Averages
11
5Day EMA
26.80
10Day EMA
28.30
12Day EMA
28.60
20Day EMA
28.90
26Day EMA
28.60
50Day EMA
27.00
100Day EMA
24.40
200Day EMA
22.00
5Day SMA
27.20
10Day SMA
29.20
20Day SMA
30.60
30Day SMA
28.80
50Day SMA
26.80
100Day SMA
22.90
150Day SMA
21.30
200Day SMA
20.80
Delivery & Volume
Resistance & Support
24.88
Pivot
Resistance
First Resistance
25.30
Second Resistance
26.16
Third Resistance
26.58
Support
First Support
24.02
Second support
23.60
Third Support
22.74
Relative Strength Index
28.23
Money Flow Index
35.62
MACD
-0.03
MACD Signal
1.06
Average True Range
1.02
Average Directional Index
28.61
Rate of Change (21)
-11.61
Rate of Change (125)
39.08
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Rajkamal Synthetics Ltd.
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-
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Adinath Textiles Ltd.
-
-
-
Kush Industries Ltd.
-
-
-
Southern Latex Ltd.
-
-
-
Hisar Spinning Mills Ltd.
-
-
-
Uniroyal Industries Ltd.
-
-
-
Gujarat Hy-Spin Ltd.
-
-
-

Southern Latex Ltd Company background

Founded in: 1989
Managing director: N Neelakanda Pillai
Southern Latex Ltd. incorporated as a private limited company on 29 Mar.89, was converted into a public limited company in Sep.93. The Company was incorporated to carry on the business of manufacturing, processing and selling of rubberized coir products led by the Promoters of the Company, S Meganathan, G Kumaresan and Nirmal Joseph.The Company has advanced to become a leading manufacturer and exporter of a comprehensive range of supported industrial gloves coated with natural latex, nitrile and neoprene for the professional Personal Protection Equipment (PPE) markets, as well as consumer retail DIY markets. The factory is in Penang, in the northern part of Peninsula Malaysia. Their glove production exceeds 10 million pairs per annum and products are sold internationally though OEM and private label arrangements with many well known global PPE brands and major retailers in various markets.The Company implemented project for the manufacture of 90,000 rubberised coir mattresses at Gummidipoondi costing Rs 140 lakhs. It commenced commercial production from Nov.92.In Sep.94, the company came out with a public issue to partfinance its project for the expansion of installed capacity from 90,000 mattresses pa to 1,80,000 mattresses pa to install facilities for finishing of mattresses to set up facilities for coir curling at Cumbum and to set up a latex creaming plant at Thalakkudi (Tirunelveli district). The coir plant and the latex creaming plant became operational in 199495.In 199596, the companys new coir and latex creaming plants became fully operational contributing to the reduction in the cost of production.Initially, the company proposed to enter into manufacture of latex examination gloves. However, during that period the global market for latex examination gloves went through a recession and the units that entered the market ran into problems. Hence, it decided to shelve the project and go into the manufacture of rubberised coir products using curled coir and creamed rubber latex as raw materials.
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Southern Latex Ltd FAQs

The Mutual Fund Shareholding was 2.26% at the end of .

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